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VILLAGE OF VILLA PARK, IL
Economic Development Strategic Plan
S. B. Friedman & Company was engaged by the Village to prepare
an economic development strategic plan for this older
DuPage
County
suburb of
Chicago
. Our scope included preparing an economic and social profile of the
Village; assessing the Village’s competitive position vis-a-vis
surrounding communities; conducting focus groups sessions with various
community interest groups to identify Village strengths and
weaknesses; identifying economic development opportunities; preparing
action steps and strategies to enhance and optimize economic
development opportunities; prioritizing project initiatives;
identifying facilitating and responsible organizations to carry out
economic development projects, including public-private partnerships;
and making suggestions on implementation of economic development
programs, complementary land use, and zoning changes.
The project resulted
in a detailed action plan identifying key priorities for the Village
including downtown development, addressing problems at certain housing
developments, and seeking to enhance development of commercial
corridors and districts.
Results: The plan was approved
by the Village Board. Village staff reports that the plan has been a
useful guide to priorities, and that they used it to help determine
key projects and initiatives.
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